The state ordered: advance construction is prohibited, and the project payment shall not exceed 60 days! Overdue payment of 1.5 times

Good policies should be well implemented! It is hoped that all localities will punish the units in arrears “against the wind”, so as to completely implement the central government’s policies!..

One key point is to insist on equal rights, equal opportunities and equal rules.

In case of overdue payment, 1.5 times of interest shall be paid! September 2019, The Ministry of industry and information technology issued the management measures for timely payment of funds to small and medium-sized enterprises (Draft for comments) , it is proposed that if state organs, institutions and large enterprises purchase goods, projects and services from small and medium-sized enterprises, they shall pay within 30 days; If otherwise agreed in the contract, the maximum period shall not exceed 60 days, and interest shall be paid within the time limit.

Audit shall not be used as a condition for payment to small and medium-sized enterprises, and the audit results shall not be used as a basis for settlement.

The key points of the regulations on optimizing the business environment are as follows: Article 3 the state continues to deepen the reform of simplifying administration and delegating powers, combining decentralization and management, and optimizing services, minimize the direct allocation of market resources by the government, minimize the direct intervention of the government in market activities, and strengthen and standardize the supervision during and after the event.

The people’s governments at or above the county level and their relevant departments shall intensify efforts to clean up the arrears of state organs and institutions to market entities, and establish a long-term mechanism to prevent and control the arrears of state organs and institutions to market entities by strengthening budget management and strict accountability.

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Article 31 local people’s governments at all levels and their relevant departments shall fulfill the policy commitments made to market subjects according to law and various contracts concluded according to law, and shall not break the contract on the grounds of administrative division adjustment, government term change, organization or function adjustment and replacement of relevant responsible persons Article 32 state organs and institutions shall not default and default on the accounts of goods, projects and services of market subjects, and large enterprises shall not use their advantageous position to default on the accounts of small and medium-sized enterprises.

In May 2019, the government investment regulations were issued! In October 2019, the regulations on optimizing the business environment were officially promulgated! Both documents are aimed at regulating the behavior of local governments, limiting inaction and investigating disorderly acts.

If no agreement is made, the interest shall be paid according to 1.5 times of the benchmark interest rate of similar loans of the people’s Bank of China in the same period! 3.

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State organs, institutions and large enterprises that abuse their dominant position and force small and medium-sized enterprises to accept unreasonable trading conditions shall be fined not less than 100000 yuan but not more than 500000 yuan.

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If no agreement is made, the interest shall be paid at 1.5 times of the benchmark interest rate of similar loans of the people’s Bank of China in the same period.

As early as September, the state announced that the project payment shall not exceed 60 days! Overdue payment of 1.5 times the interest! Failure to perform will lead to Institutions and large enterprises that purchase goods, projects and services from small and medium-sized enterprises shall pay within 30 days; If otherwise agreed in the contract, the maximum period shall not exceed 60 days, and interest shall be paid within the time limit.

If you encounter local organs and institutions still in arrears with the project payment, please immediately transfer these three central documents to them! 1 State Council express! In October 2019, the regulations on optimizing the business environment issued by the State Council made it clear that “state organs and institutions shall not default on projects, services and other accounts”! 2.

(7) Article 72 these Regulations shall enter into force as of January 1, 2020.

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A fundamentally “strengthen the budget constraints on government investment funds”, which requires that government investment projects shall not be advanced by the construction unit, relevant departments shall not illegally interfere with the construction period, and handle the final financial accounts of completion in time.

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Prohibit “advance construction”: government investment projects shall not be advanced by the construction unit.

It is not allowed to arbitrarily reduce the construction period: the construction period of government invested projects shall be reasonably determined and strictly implemented in accordance with the relevant provisions of the state, and no unit or individual shall illegally intervene.

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Article 69 If the government, relevant departments and their staff are under any of the following circumstances, they shall be investigated for responsibility according to law and regulations:.

Timely completion final accounts: after the completion of the project, the completion acceptance shall be carried out in accordance with the relevant provisions of the state, and the completion financial final accounts shall be handled in time after the completion acceptance is qualified.

In May 2019, the regulations on government investment issued by the State Council clearly required that “government investment projects shall not be advanced by construction units”! The State Council: two regulations to protect private enterprises.

If the state organs, institutions and large enterprises are the employer and the contractor is in arrears, the employer shall directly pay the subcontractor after verifying the situation.

State organs and institutions shall not default on projects, services and other accounts.

It is forbidden to advance funds for construction.

Regulations on government investment 1.

Please rest assured to pay attention.